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President Prabowo Subianto (center) and LOTTE Group chairman Shin Dong-bin (second left) officiate the inauguration of the Lotte Chemical Indonesia petrochemical plant in Cilegon, Banten, on Nov. 6, 2025. The strategic facility is poised to significantly reduce Indonesia's import dependency for essential raw materials.
President Prabowo Subianto (center) and LOTTE Group chairman Shin Dong-bin (second left) officiate the inauguration of the Lotte Chemical Indonesia petrochemical plant in Cilegon, Banten, on Nov. 6, 2025. The strategic facility is poised to significantly reduce Indonesia's import dependency for essential raw materials.`
Companies premium

RI ramps up petrochemical drive as Prabowo inaugurates Lotte plant

At the heart of the plant is a naphtha cracker with a capacity of 3 million tonnes per year, capable of producing 1 million tonnes of ethylene and 520,000 tonnes of propylene annually.

2 hours ago
Economy premium

Indonesia to deploy $360m Spanish loan for new patrol vessels

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Regulations premium

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Today's ePost

Thu, November 6, 2025

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